August 2018 Jobs Report
Highlights for policy makers:
• Unemployment Rate Level at 4.2%; Total Employment Up 7,300
• Labor Force Participation Rate Level at 61.9%
• State Employment Growth Rankings—California Remains at 5th
• Nonfarm Jobs Up 44,800
• Four Industries Still below 2007 Pre-Recession Job Levels
• Job Gains by Wage Level
• Two-Tier Economy Persists—Central Valley Unemployment More than Twice as High as Bay Area
• Bay Area Provided 40.4% of Net Employment Growth Since Recession
• Seven California MSAs in the 10 Worst Unemployment Rates Nationally